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Chemical Technology | January 13, 2020
German specialty chemicals company Lanxess has completed the sale of its chrome chemicals business to Chinese leather chemicals producer Brother Enterprises for €80m ($89m). The deal was first announced on 12 August last year, when the two companies signed an agreement. Lanxess noted that the transaction obtained all the necessary approvals from the relevant antitrust authorities. A part of Lanxess Leather business unit, the chrome chemicals business has been generating an annual revenue of...
ThomasNet | February 11, 2020
Chemical and materials manufacturer Milliken & Company recently announced it had officially closed on its acquisition of specialty chemicals maker Borchers Group from former parent The Jordan Company.
South Carolina-based Milliken, which also makes specialty fabrics, flooring, and medical products, said Borchers’ coating additives and specialty catalyst solutions would bolster its sustainable coating additives platform. Borchers, a company in the Cleveland area, houses a portfol...
Policy and Perspectives, Chemical Management
Marathon Oil Corporation | January 10, 2023
Marathon Oil Corporation announced the completion of its acquisition of Ensign Natural Resources' Eagle Ford assets for a total cash consideration of $3.0 billion. The acquisition was announced earlier, on November 2, 2022.
Lee Tillman, Chairman, President, and CEO, said, "We are pleased to announce the close of our acquisition of Ensign's high-quality assets in the core of the Eagle Ford Shale." He further added, "This acquisition satisfies every element of...
GE Digital | February 17, 2022
GE Digital today announced that All Nippon Airways has implemented Fuel Insight, a software solution that works by understanding real data from the aircraft to meet 2050 net zero emissions goals. Aviation Software solutions from GE Digital help aircraft operators increase sustainability across their operation – from fuel usage, to airspace efficiency, predictive maintenance, and flight crew performance.
Fuel Insight from GE Digital Aviation Software is a digital suite that l...
Chemical Management, Science and Research
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